GreenTree Hospitality Group Balance Sheet Health
Financial Health criteria checks 4/6
GreenTree Hospitality Group has a total shareholder equity of CN¥1.5B and total debt of CN¥173.8M, which brings its debt-to-equity ratio to 11.8%. Its total assets and total liabilities are CN¥5.1B and CN¥3.6B respectively. GreenTree Hospitality Group's EBIT is CN¥311.8M making its interest coverage ratio -11.4. It has cash and short-term investments of CN¥1.2B.
Key information
11.8%
Debt to equity ratio
CN¥173.80m
Debt
Interest coverage ratio | -11.4x |
Cash | CN¥1.21b |
Equity | CN¥1.47b |
Total liabilities | CN¥3.58b |
Total assets | CN¥5.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GT1A's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: GT1A's short term assets (CN¥1.6B) do not cover its long term liabilities (CN¥2.2B).
Debt to Equity History and Analysis
Debt Level: GT1A has more cash than its total debt.
Reducing Debt: GT1A's debt to equity ratio has increased from 3.6% to 11.8% over the past 5 years.
Debt Coverage: GT1A's debt is well covered by operating cash flow (261.8%).
Interest Coverage: GT1A earns more interest than it pays, so coverage of interest payments is not a concern.